Staking Icp on waterneuron

In my observation, most people in the WaterNeuron community who are actively participating in governance conversations, including the dev team, are in agreement with you on this idea. I happen to be one of the only people who disagrees.

Triggering the entire voting power of both the 6mo and 8yr neurons based on the consensus reached on each proposal has a self limiting feature that I think is important to recognize. I don’t want a double digit percentage of voting power in the NNS to be created by people who are only interested in staking rewards, even if the vote is triggered by a consensus of credible and reliable WTN neuron owners.

I would like to see the vast majority of NNS voting power being cast by people who own their voting power and have long term skin in the game, which is the original design of the NNS and tokenomics. It’s good for people to be uncomfortable when the voting power triggered by any one neuron is too large. We need people to always challenge large neuron owners and hold them to a high standard. I think splitting the WaterNeuron voting power will take us in the wrong direction and lead to even more liquid staking.

I recognize that I will probably lose this argument since so many people are already aligned with the split voting power distribution idea. The same thing happened when it came to canister controlled neurons. I was adamantly against it for the longest time, but once it became apparent that DFINITY would implement it specifically so WaterNeuron could launch, the only logical thing to do was to start working on how to participate in a responsible way. At the end of the day, it will all work out. However, from my point of view right now, this would be another mistake for WaterNeuron to split the vote through brute force (split/merge) or through a new NNS method created by DFINITY. I hope the community give this more thought before it gets implemented.

This is how every single neuron in the NNS works. It’s not new or unique to WaterNeuron.

What is that if you dont mind me asking?

I should have just used the same terminology that @thyassa used. Most people seem aligned with the idea of having the WTN neuron vote proportionally to the WTN holders wishes. That is what I was trying to say.

It’s not a question of if, but rather when. It probably won’t happen on your time scale if you think it should be implemented now. WaterNeuron still triggers less than 1% TVP in the NNS, which is not enough to warrant such drastic changes.

Tell you what @wpb

If youll publicly state that WTN is a pyramid scheme designed to dilute non participants and make retail investors more poor than they already are, until eventually theyre paying YOU to vote with their money.

I wont complain about the decentralization of the daos votes.

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No, it’s not, and so I have no reason to make those kinds of statements.

Once again @WebTreeSoftwareSolut

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Ok explain how anything i said is not true. Thats why my post is still there, its straight facts.

This isnt just directed at @wpb if you are a member of WTN dao you are complicit in this predatory behavior and its shameful.

Maybe you didnt realize what it was, but now you have the facts.

You’re speculating again.

Did you read the white paper of wtn or are you just going off the ideology that Adam and Donna put forth?

All members of WTN dao are complicit in this pyramid scheme.

Im not playing favorites here

Feel free to refute any of the claims i made, you cant.

If you want to participate in an equally reprehensible project ive started NACHOS in the watercooler.

Then you really haven’t taken the time to learn about liquid staking and understand how wtn approaches these topics

You guys just got caught with your pants around your ankles

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Its not that complicated buddy.

Really? I’d love to see your proof still.

Yah does the number 18 mean anything to you wenzel?

Maybe @1eo or @EnzoPlayer0ne want to weigh in on these brilliant tokenomics.

Why is everyone so cryptic.

Wouldn’t all of this be so much easier if everyone presented their information?

https://forum.dfinity.org/t/nachos-my-100-original-idea

It requires you read thoughtfully.

So to put it simply, you have no proof whatsoever and yet you support your husband in attacking a project purely based on “What if?” scenarios.

It truly warms my heart to see everyone fighting over who gets to be pharaoh.

I thought we were friendlier than this.

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Fixed my post for you.

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I will add another 5 to your project then :handshake:

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